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Tax Break Tracker Individual Entry

Each individual entry is a single program reported by a single jurisdiction in a given fiscal year. Because we want to track the level and quality of disclosure as well as the content, the values below -- with the exception of program names -- are entered exactly as they are reported. See our user guide for more explanations.

StateIowa
Effected JurisdictionPolk County
Jurisdiction type: County
Fiscal year ending In2022
Program namePassive Tax Abatement: Urban renewal and economic development projects of other entities
Program purpose: General Economic Development
Statutory authority: Chapters 15A and 403 of the Code of Iowa
Abating jurisdiction(s): City of Des Moines; City of Bondurant; City of Ankeny; City of Grimes; City of Granger; City of Altoona; City of Pleasant Hill ; City of Johnston; City of Clive; City of Urbandale; City of West Des Moines; City of Polk City; City of Norwalk; City of Carlisle; City of Ankeny; City of Altoona
Applicable taxesProperty Tax
Method of abatement: Tax Abatement
Provisions for recapture: (not specified)
Gross revenue loss: $12,022,378
Reimbursement / offset: $0
Net revenue loss: $12,022,378
Type of loss: Passive
Additional notes on dislosure(none)
Document sourcehttps://www.polkcountyiowa.gov/media/qullaish/22acfr-reportgfoa.pdf